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News For INTC;CSCO;JNPR;MSFT From The Last 14 Days Check below for free stories on INTC;CSCO;JNPR;MSFT the last two weeks. |
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| May 17, 2013 | | 16:00 EDT |  | CSCO | Options Update; May 17, 2013
 Subscribe for More Information | | | 14:03 EDT |  | CSCO | Market set to finish week with gains after Cisco results, comments
Subscribe for More Information | | | 11:59 EDT | | CSCO | Options with decreasing implied volatility: ILMN LO A HES INFY CSCO
| | | 10:17 EDT |  | MSFT | Microsoft continues its quiet stealth rally, levels to watch
Subscribe for More Information | | | 08:29 EDT |  | MSFT | JPMorgan's business and information services analyst holds a conference call
Subscribe for More Information | | | 07:35 EDT |  | CSCO | Aruba Networks downgraded to Hold from Buy at Stifel
Subscribe for More Information | | | 06:35 EDT | | CSCO | Stocks with implied volatility below IV index mean; CSCO MBI
Stocks with implied volatility below IV index mean; Cisco (CSCO), MBIA (MBI) according to IVolatility. | | | May 16, 2013 | | 16:29 EDT | | CSCO | On The Fly: Closing Wrap
Stocks on Wall Street were lower following some disappointing economic data and a hint from a regional Fed president that the central bank may taper its easing program in the coming months. The averages traded in a narrow range for much of the session before moving lower in the final hour of trading. Comments by San Francisco Fed president John Williams late in the afternoon, suggesting that the central bank may begin slowing its bond buying pace by the summer, may have spurred the late session selling. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares added $2.66, or 12.54%, to $23.87 to lead the blue chip index after the company's results beat expectations on the top and bottom lines. Wal-Mart fell $1.36, or 1.7%, to $78.50 after its first quarter earnings sand second quarter outlook missed the consensus forecast... Tesla Motors (TSLA) last night announced a stock and debt offering of more than $800M, with CEO Elon Musk announcing his intent to buy $100M of the offering, and shares of the electric car maker added $7.36, or 8.67%, to $92.20. MAJOR MOVERS: Among notable gainers was Aegerion (AEGR), up $14.73, or 31.37%, to $61.70 after the company said its Juxtapid treatment may have a $1B global market opportunity and at least two analyst firms raised their price targets on its shares. Also higher was Constellation Brands (STZ), up $1.52, or 3.03%, to $51.76 after the stock was upgraded at Stifel and ISI Group. Among noteworthy losers following analyst downgrades were AMD (AMD), which fell 55c, or 12.56%, to $3.83 after Goldman downgraded the stock to Sell, and CSC (CSC), which slid $2.12, or 4.74%, to $42.59 after being cut to Hold at Deutsche Bank. Also lower following its quarterly report was NetQin Mobile (NQ), down 72c, or 7.5%, to $8.88. INDICES: The Dow was down 42.47, or 0.28%, to 15,233.22; the Nasdaq was down 6.38, or 0.18%, to 3,465.24; and the S&P 500 was down 8.31, or 0.50%, to 1,650.47. | | | 14:01 EDT | | CSCO | Options Update; May 16, 2013
Subscribe for More Information | | | 13:40 EDT |  | INTC | Intel CFO Smith says staying with the company, CNBC reports
Subscribe for More Information | | | | 12:24 EDT | | CSCO | On The Fly: Midday Wrap
The S&P 500 was virtually unchanged at midday following a deluge of domestic economic data this morning. The S&P began the session in negative territory, but only moderately lower, after investors received a host of data prior to the open, including reports on jobless claims, consumer prices, and housing starts. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares advanced 12% to lead the blue chip index after the company's results beat expectations on the top and bottom lines and prompted price target increases at several analyst firms. Wal-Mart, in contrast, lagged all Dow names, sliding 2% after its earnings for the just ended quarter and its view of the current quarter missed the consensus forecast... After the closing bell, Tesla Motors (TSLA) said it intends to raise about $830M by offering 2.7M common shares and $450M in convertible senior notes. CEO Elon Musk will buy $100M worth of the stock and debt, the company said, and its recently high-flying shares rose another 6%. MAJOR MOVERS: Among the notable gainers rising following Cisco's better than expected results and commentary were Ciena (CIEN), which rose 8%, and Cavium (CAVM), which advanced 4%. Also higher were shares of NetApp (NTAP), which gained over 6% after Bloomberg said activist investor Elliott Management has taken a stake in the company and is pushing its board to explore ways to boost shareholder value. Among the noteworthy losers were Oncothyreon (ONTY), which fell 20%, and Biomarin (BMRN), down 5%, after both pharmaceutical companies, among a number of others, published data to be presented at ASCO, an annual meeting of oncologists. Also lower was AMD (AMD), which declined 14% following a downgrade to Sell at Goldman Sachs. INDICES: Near noon, the Dow was up 12.47, or 0.08%, to 15,288.16; the Nasdaq was up 8.74, or 0.25%, to 3,480.36; and the S&P 500 was nearly flat at 1,658.80. | | | 10:44 EDT | | CSCO | Cisco results give boost to semiconductor names
Subscribe for More Information | | | 10:25 EDT |  | MSFT | Microsoft discussing 'glasses' tech with Vuzix, NY Post says
Subscribe for More Information | | | 09:48 EDT | | CSCO | Cisco gaps up and spikes higher in early trading following results
Subscribe for More Information | | | 09:36 EDT | | CSCO | Active equity option families trading on open
Subscribe for More Information | | | 09:19 EDT | | CSCO | On The Fly: Pre-market Movers
Subscribe for More Information | | | 09:04 EDT |  | CSCO | Cisco results positive for semiconductors space, says Brean Capital
Subscribe for More Information | | | 09:00 EDT | | CSCO | Cisco rises 12.9%
Cisco is up 12.9%, or $2.73, to $23.94 | | | 08:18 EDT | | CSCO | Cisco price target raised to $28 from $25 at Goldman
Subscribe for More Information | | | 08:14 EDT | | CSCO | Cisco price target raised to $27 from $25 at FBN Securities
Subscribe for More Information | | | | 08:14 EDT | | CSCO | BofA/Merrill's tech analysts hold an analyst/industry conference call
Subscribe for More Information | | | 08:13 EDT | | CSCO | Cisco shares should rise further, says Sterne Agee
Sterne Agee believes that Cisco outlined a more upbeat outlook after the company reported Q3 results that the firm views as strong and provided in-line Q4 EPS guidance. The firm keeps a Buy rating on the stock. | | | 08:00 EDT | | JNPR | Juniper management to meet with ISI Group
Subscribe for More Information | | | 07:15 EDT | | CSCO | Cisco execution, environment improving, says RBC Capital
After Cisco reported stronger than expected Q3 results, RBC Capital believes that the company's business has rebounded. The firm thinks the company's Q4 guidance was better than feared, and it keeps an Outperform rating on the stock. | | | 07:07 EDT | | CSCO | Cisco results positive for communications semi space, says William Blair
Subscribe for More Information | | | 07:02 EDT | | MSFT | YouTube demands that Microsoft pull YouTube app, The Verge reports
Subscribe for More Information | | | 06:23 EDT | | MSFT | Microsoft second-generation Surface to be between $249-$299, DigiTimes says
Subscribe for More Information | | | 06:23 EDT | | CSCO | Cisco price target raised to $26 from $24 at Wunderlich
Wunderlich raised its price target for Cisco following the company's better than expected Q3 results and continues to recommend the stock with a Buy rating. | | | 06:21 EDT | | MSFT | Microsoft to launch 8-inch Surface in June, Digitimes says
Subscribe for More Information | | | 05:59 EDT | | INTC, MSFT | High tech firms involved in immigration battle, WSJ reports
Subscribe for More Information | | | | May 15, 2013 | | 19:34 EDT | | CSCO | On The Fly: After Hours Movers
Subscribe for More Information | | | 17:15 EDT | | CSCO | Cisco up $1.82, or 8.58%, to $23.03 as Q3 conference call continues
Subscribe for More Information | | | 17:09 EDT | | MSFT | Greenlight gives quarterly update on stakes
NEW STAKES: Oil States International (OIS), Hess (HES), Spirit (SPR), IAC/InterActiveCorp (IACI), and Capital Bank (CBF). INCREASED STAKES: Apple (AAPL). DECREASED STAKES: Microsoft (MSFT), Seagate (STX), Delphi (DLPH), CBS (CBS), and Computer Sciences (CSC). LIQUIDATED STAKES: Ensco (ESV), Xerox (XRX), Yahoo (YHOO), NVR (NVR), and Google (GOOG). | | | 16:58 EDT | | CSCO | Cisco sees Q4 non-GAAP gross margins to be approximately 61%-62%
| | | 16:55 EDT | | CSCO | Cisco continues to see company specific challenges in China
Subscribe for More Information | | | 16:54 EDT |  | CSCO | Cisco sees Q4 EPS 50c-52c, consensus 51c
Sees Q4 revenue growth 4%-7% YoY, consensus $12.5B. Guidance taken from company's Q3 earnings conference call. | | | 16:51 EDT | | CSCO | Cisco says Q3 public sector business grew 5%
Subscribe for More Information | | | 16:46 EDT | | CSCO | Cisco sees SP CapEx spending continuing to be challenged
This information is from the company's Q3 earnings conference call. | | | 16:42 EDT | | CSCO | Cisco reports Q3 total non-GAAP gross margin 63% vs.63.1%
Subscribe for More Information | | | 16:41 EDT | | CSCO | Cisco Q3 services revenue grew 7%
Subscribe for More Information | | | | 16:09 EDT | | CSCO | Cisco Q3 cash flows from operations $3.1B vs. $3B a year ago
Subscribe for More Information | | | 16:09 EDT | | CSCO | Cisco trades higher after results, first look
Subscribe for More Information | | | 16:08 EDT | | MSFT | Google sites lead U.S. April searches with 66.5% of searches, comScore says
Subscribe for More Information | | | 16:06 EDT | | CSCO | Cisco reports Q3 EPS 51c, consensus 49c
Subscribe for More Information | | | 15:11 EDT | | CSCO | Notable companies reporting after market close
Subscribe for More Information | | | 13:26 EDT | | MSFT | Microsoft to grow tablet sales outlets by about 50% in Japan, Nikkei says
Subscribe for More Information | | | 12:47 EDT | | CSCO | Earnings Preview: Cisco shares moving in narrow range ahead of Q3 report
Cisco (CSCO) is set to report Q3 earnings after the market closes on Wednesday, May 15, with a conference call scheduled for 4:30 pm ET. Cisco manufactures and sells IP-based networking products and services. EXPECTATIONS: Analysts are looking for EPS of 49c on revenue of $12.18B, according to First Call. The consensus range for EPS is 47c-51c on revenue of $12.05B-$12.29B. On its Q2 earnings conference call, the company said it sees Q3 adjusted EPS 48c-50c on revenue growth of 4%-6% year-over-year. The company also said it sees Q3 adjusted gross margin approximately 61%-62%, and non-GAAP operating margin of 26.5%-27.5%. LAST QUARTER: Cisco reported Q2 EPS of 51c against estimates for 48c on revenue of $12.1B against estimates for $12.06B. In mid-March, Cisco was found not to have infringed patents held by VirnetX (VHC), and on March 22, Bloomberg reported that Cisco was ordered to pay $70M in fraud damages to XpertUniverse. On March 28, the company announced a 3c increase in its dividend to 17c per share. On April 3, Cisco announced its intent to acquire Ubiquisy, a provider of 3G and LTE small-cell technologies, for $310M, and the transaction is expected to close in Q4. STREET RESEARCH: Street research has been mixed on Cisco, with shares of the company losing more than 3% on March 21 following a downgrade to Underperform from Market Perform at FBR Capital. With its March 21 downgrade, FBR cut its price target on shares of Cisco to $17 from $22, saying the company would be challenged to offset declining routing and switching demand. Earlier this week, however, FBR reversed its March call, upgrading Cisco to Market Perform from Underperform and bumping its price target to $19. Earlier this week, Piper Jaffray said it expects Cisco to report Q3 EPS in-line with estimates, though the firm lowered its revenue estimates for the company. In its note, Piper said macro headwinds will offset favorable data center and switching demand, leaving Cisco with a mixed Q3 report, though the firm reiterated its Overweight rating and $25 price target on shares. Coverage on Cisco shares was also initiated by at least two firms during the quarter, with Cowen initiating coverage with an Outperform rating earlier this month and Northland Securities initiating coverage on Cisco with an Outperform rating and a $25.50 price target the day after Cisco's Q2 report. PRICE ACTION: Shares of Cisco have traded in a narrow range between $20-$22 per share since its Q2 report, gaining a scant 0.4%. Shares of Cisco, which are up about 8% year-to-date, are near flat in afternoon trading ahead of its Q3 report. | | | 11:37 EDT | | MSFT | Microsoft replacing Xbox points with gift cards, currency, The Verge reports
Subscribe for More Information | | | 08:33 EDT | | CSCO | Cisco May volatility elevated into Q3 and outlook
Subscribe for More Information | | | 07:38 EDT | | MSFT | Microsoft has numerous potential catalysts, says Stifel
Stifel names the release of Windows 8.1, a stabilization of the PC market, and the launch of Windows devices costing less than $500 as potential catalysts for Microsoft. The firm raised its price target on the shares to $38 from $36 and keeps a Buy rating on the stock. | | | | May 14, 2013 | | 15:36 EDT | | MSFT | Microsoft confirms Windows 8.1 update scheduled for June 26
Subscribe for More Information | | | 07:27 EDT | | MSFT | Nokia introduces Lumia 925 with metal body, PureView camera
Nokia (NOK) introduced the Nokia Lumia 925, which introduces a metal design and includes the most advanced lens technology and next generation imaging software for clearer, sharper pictures and video, including the best low light images. The Nokia Lumia 925 also introduces the new Nokia Smart Camera mode, coming as an update to all Lumia Windows Phone 8 smartphones. The Lumia 925 is being introduced into Europe with Vodafone (VOD), along with other operator and retail partners. In addition to Europe, the Nokia Lumia 925 will be introduced into the US by T-Mobile (TMUS) and into China by China Mobile (CHL) and China Unicom (CHU). Sales are expected to start in the U.K., Germany, Italy, Spain and China in June, followed by the U.S. and a number of other markets. | | | 05:53 EDT | | MSFT | Web browsers are being reinvented, WSJ reports
Subscribe for More Information | | | May 13, 2013 | | 16:25 EDT | | MSFT | On The Fly: Closing Wrap
Stocks on Wall Street were little changed from their opening levels as investors weighed the potential end of the Fed's quantitative easing program against a better than expected report on retail sales. The Wall Street Journal's Jon Hilsenrath suggested in a report over the weekend that the Federal Reserve has mapped a QE exit strategy. The report paired with the retail sales data left the market lacking conviction in either direction today, as the averages spent the majority of the session range-bound near the flatline. ECONOMIC EVENTS: In the U.S., retail sales rose 0.1% in April, which beat expectations for a 0.3% decline. Retail sales excluding autos, gas, and building materials rose 0.6%, which was also better than expected. Business inventories were flat in March, versus expectations for a 0.3% gain. In Asia, Chinese factory output grew 9.3% annually in April, which was up from 8.9% in March but still missed expectations for a 9.5% growth rate. COMPANY NEWS: The Supreme Court ruled unanimously that Monsanto's (MON) patented genetically altered soybeans are protected and that farmers cannot use them to create new seeds without paying the company... Dell's (DELL) special committee publicly asked for more information from Carl Icahn and Southeastern Asset Management about their proposed leveraged recapitalization. This request follows television interviews by Icahn last Friday in which he discussed his Dell proposal, as well as a weekend report in Barron's saying the Icahn and Southeastern plan could be a better deal for shareholders. MAJOR MOVERS: Among the notable gainers was Theravance (THRX), up $6.26, or 17.92%, to $41.20 after Elan Corporation (ELN) bought a stake in the potential future royalty payments from four respiratory programs partnered with GlaxoSmithKline (GSK) in exchange for $1B in cash. Also higher was Tesla (TSLA), which rose $11.04, or 14.38%, to $87.80 in its third straight double-digit percentage gain following a better-than-expected earnings report last week. Among the noteworthy losers was Barnes & Noble (BKS), down $2.21, or 9.48%, to $21.10 after the blog InsiderMonkey disputed a previous report about Microsoft's (MSFT) interest in the bookseller's NOOK assets. Also lower was JoS. A. Bank (JOSB), down $3.31, or 7.16%, to $42.90 after the company's first quarter earnings view came in below expectations. INDICES: The Dow was down 26.81, or 0.18%, to 15,091.68; the Nasdaq was up 2.21, or 0.06%, to 3,438.79; and the S&P 500 was nearly unchanged at 1,633.77. | | | 14:24 EDT | | MSFT | Barnes & Noble tumbles after blog pans potential Nook deal
Shares of Barnes & Noble (BKS) are sinking after website Insider Monkey stated that Microsoft (MSFT) doesn't plan to buy the book retailer's NOOK Media unit in the near future. Last Thursday another website, TechCrunch, reported that Microsoft was considering acquiring NOOK Media, which includes NOOK devices and other digital businesses, for $1B. WHAT'S NEW: "Nothing imminent is happening" between Microsoft and NOOK, Insider Monkey quoted a "highly placed source" at Microsoft as saying. TechCrunch's story was "only a rumor," the unnamed source added, according to Insider Monkey. WHAT'S NOTABLE: Microsoft has already invested $300M in NOOK Media in exchange for a stake of about 17% in the unit. The New York Times last week quoted a source as saying that the TechCrunch story was based on valid documents, but that they appeared to be at least several weeks old. The book retailer's stock surged over 20% on Thursday after TechCrunch published its story. TODAY'S PRICE ACTION: In mid-afternoon trading, Barnes & noble fell $2.90, or 12.40%, to $20.40. | | | 13:38 EDT | | MSFT | Microsoft, Barnes & Noble NOOK deal unlikely, InsiderMonkey says
A report by InsiderMonkey, citing a "highly placed source inside Microsoft (MSFT)," says reports last week that Microsoft may look to acquire buy Barnes & Noble's (BKS) NOOK Media assets were only a rumor, with the source adding that "[Microsoft] has no intention of acquiring the NOOK unit." Shares of Barnes & Noble, which had been flat for the session, are now sharply lower, down $2.86, or 12.17%, to $20.45. Reference Link | | | 10:09 EDT |  | CSCO | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 07:34 EDT | | CSCO | Cisco upgraded to Market Perform from Underperform at FBR Capital
Subscribe for More Information | | | 07:31 EDT | | CSCO | Brightcover to host a conference
3rd Annual Brightcove PLAY Global Customer Conference is being held in Boston on May 13-15. | | | 07:30 EDT | | INTC | TechConnect to host a summit
2013 National Innovation Summit is being held in Washington, D.C. on May 12-16. | | | | 07:09 EDT | | JNPR, CSCO | Cisco finds difficulties as it diversifies, WSJ reports
Subscribe for More Information | | | 07:04 EDT | | CSCO | Cisco May volatility elevated at 59 into Q3 and outlook
Cisco May call option implied volatility is at 59, June is at 28, July is at 25; compared to its 26-week average of 26 according to Track Data, suggesting larger near term price movement into the expected release of Q3 results after the market close on May 15. | | | 07:02 EDT | | CSCO | Cisco Q3 results likely to be mixed, says Piper Jaffray
Piper Jaffray expects Cisco to report in-line Q3 earnings and margins on May 15, but lowered its revenue estimate for the quarter as it believes demand in April was challenging. However, the firm sees limited share downside from current levels and reiterates an Overweight rating on the stock with a $25 price target. | | | 06:05 EDT | | JNPR, CSCO | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: U.S. companies are on track to raise the most money through IPOs since before the financial crisis, driven by the same thirst for risk among investors that has pushed the stock market to new highs. Already this year, 64 U.S.-listed public offerings have raised $16.8B, according to Dealogic, the Wall Street Journal reports...Cisco Systems (CSCO) shares fell this time last year after executives warned their biggest corporate customers were ordering less equipment. If history repeats itself this week, the networking giant will join a dreary but growing club (IBM, JNPR), the Wall Street Journal reports...REUTERS: Japan's Nikkei share average surged to a new 5-1/2-year high today as the weakening yen further bolstered exporters, while brokerage shares attracted buyers who see growing volume bringing in much more fee income, Reuters reports...China's factory output growth was surprisingly muted in April, darkening the outlook for the Chinese economic recovery and feeding expectations that the government may take policy action to support activity. Annual industrial output grew 9.3%, up from 8.9% in March but still missing market expectations for a 9.5%, Reuters reports...BLOOMBERG: Wall Street’s major bond dealers are beginning to forecast that the Treasury Department will lower the size of its debt auctions in coming months for the first time in three years as government revenue soars, Bloomberg reports...The largest overseas bet on Indian consumers is spurring speculation that companies from Nestle (NSRGY) to Colgate-Palmolive (CL) will pursue more deals in a nation where household income is forecast to triple this decade, Bloomberg reports. | | | 05:53 EDT | | MSFT | U.K. game industry experiences a revival, WSJ reports
Subscribe for More Information | | | May 10, 2013 | | 14:52 EDT | | JNPR | Market poised to end week higher as tech helps lead advance
Subscribe for More Information | | | 08:50 EDT | | CSCO | Cisco EPS could reach $3 in medium term, says Pacific Crest
Pacific Crest believes that Cisco has multiple drivers that could enable its EPS to reach $3 in the medium term. The firm thinks the stock's valuation appears overly bearish and it keeps an Outperform rating on the shares. | | | 07:48 EDT | | MSFT | Microsoft says Yammer sales up 259%, added 312 customers in quarter
Subscribe for More Information | | | May 9, 2013 | | 16:47 EDT | | MSFT | On The Fly: Closing Wrap
Stocks on Wall Street were lower, breaking the recent streak of the Dow and S&P 500 setting new closing highs. The averages moved higher during the afternoon, as the dollar topped the Y100 level for the first time in three years, though the averages fell again and failed to regain positive territory into the close. ECONOMIC EVENTS: In the U.S., jobless claims fell 4K from the prior week to 323K, which was below the consensus 335K claim forecast. Wholesale inventories rose 0.4% in March, which matched expectations. In Asia, Chinese consumer prices increased 2.4% in April, which was just above expectations, and producer prices fell 2.6%, which was more than expected. Also, the Bank of Korea unexpectedly cut its interest rate. COMPANY NEWS: Two heavily shorted stocks, Tesla (TSLA) and Green Mountain Coffee Roasters (GMCR), surged after reporting quarterly earnings after yesterday's close. Tesla added $13.61, or 24.4%, to $xx 69.40 after its top and bottom line results beat Street estimates and it raised its full-year vehicle delivery outlook to 21,000 from 20,000 vehicles. Green Mountain shares gained $16.56, or 27.84%, to $76.04 after the company's earning came in better than expected and it announced a long-term strategic partnership with Starbucks. MAJOR MOVERS: Among the notable gainers was Barnes & Noble (BKS), up $4.31, or 24.25%, to $22.08 after a report saying Microsoft (MSFT) is considering acquiring the digital assets of Nook Media. Also higher was News Corp. (NWSA), up $1.43, or 4.49%, to $33.29 after its third quarter earnings were in-line and its revenues topped consensus estimates. Among the noteworthy losers Rackspace (RAX), down $12.88, or 24.66%, to $39.36 after its second quarter revenue missed Street estimates and its stock received downgrades from at least four analyst firms. Also lower following its quarterly report was Monster Beverage (MNST), which fell $2.96, or 5.2%, to $54.01. INDICES: The Dow was down 22.50, or 0.15%, to 15,082.62; the Nasdaq was down 4.10, or 0.12%, to 3,409.17; and the S&P 500 was down 6.02, or 0.37%, to 1,626.67. | | | 14:30 EDT | | INTC | Options Update; May 9, 2013
Subscribe for More Information | | | | 12:35 EDT | | MSFT | On The Fly: Midday Wrap
Subscribe for More Information | | | 09:19 EDT | | MSFT | On The Fly: Pre-market Movers
UP AFTER EARNINGS: Tesla (TSLA), up 23.7%... Green Mountain (GMCR), up 14.5%... Groupon (GRPN), up 14.1%... Walter Investment (WAC), up 6.1%... News Corp. (NWSA), up 3.9%... ALSO HIGHER: Barnes & Noble (BKS), up 29.4% after TechCrunch says Microsoft (MSFT) may buy Nook Media assets for $1B... Oil States (OIS), up 4.2% after David Einhorn recommends shares at investor conference... MGM Resorts (MGM), up 1.2% following upgrade to Buy at Sterne Agee. DOWN AFTER EARNINGS: Rackspace (RAX), down 21.6%... Monster Beverage (MNST), down 9.8%... McDermott (MDR), down 8.3%... Activision Blizzard (ATVI), down 7.1%. ALSO LOWER: Seagate (STX), down 3.4%, and Western Digital (WDC), down 2.2% after negative mention of both by Jim Chanos at Sohn conference. | | | 07:44 EDT | | MSFT | Microsoft new CFO positive, says Oppenheimer
Subscribe for More Information | | | 07:37 EDT | | MSFT | Barnes & Noble volatility flat into Microsoft may acquire Nook Media assets
Subscribe for More Information | | | 06:40 EDT | | MSFT | Microsoft may acquire Nook Media assets for $1B, TechCrunch reports
Microsoft (MSFT) is considering to acquire the digital assets of Nook Media for $1B, reports TechCrunch. Microsoft would redeem preferred units of Nook Media, a joint venture with Barnes & Noble (BKS) and other investors. Nook Media may also plan to discontinue its Android-based tablet business by end of FY14. Reference Link | | | May 8, 2013 | | 16:07 EDT | | MSFT | Microsoft names Amy Hood new CFO
Subscribe for More Information | | | 09:50 EDT | | CSCO | Pacific Crest has more questions than answers on Fusion-io
Subscribe for More Information | | | 07:49 EDT | | INTC | BofA/Merrill's semiconductor analyst holds an analyst/industry conference call
Subscribe for More Information | | | 07:18 EDT | | MSFT, CSCO | Lockheed Martin to host a conference
13th Annual Information Technology Day is being held in Kennewick, Washington on May 8. | | | May 7, 2013 | | 19:17 EDT | | MSFT | Yahoo! wants out of search deal with Microsoft, WSJ reports
Subscribe for More Information | | | | 14:06 EDT | | MSFT | Yahoo U.S. search revenue guarantee extended by Microsoft
Subscribe for More Information | | | 12:54 EDT | | MSFT | Google rumored to be planning stores to sell Google Glass, Business Insider says
Google (GOOG) is rumored to be planning retail stores specifically to sell Google Glass, Business Insider reports, citing a source. Previous reports suggested Google was developing retail stores, like Apple (AAPL) and Microsoft (MSFT), to sell a variety of products. Reference Link | | | 10:00 EDT |  | JNPR | On The Fly: Analyst Initiation Summary
Subscribe for More Information | | | 09:26 EDT | | MSFT | GameStop price target raised to $44 from $35 at SunTrust
Subscribe for More Information | | | 09:15 EDT | | MSFT | Microsoft says Windows 8 update to come later this year
Subscribe for More Information | | | 08:38 EDT | | MSFT | Amazon leak reveals planned Windows 8 mini-tablet, Telegraph says
According to a listing that appeared briefly on Amazon's (AMZN) U.S. website before being removed, a new 7-inch Acer tablet priced at $379.99 will be the first Microsoft (MSFT) Windows 8 small tablet, reported The Telegraph. This device is expected to be the first of number of mini W8 tablets that will compete with Apple's (AAPL) iPad Mini, Google's (GOOG) Nexus 7 and Amazon's own Kindle Fire, the report added. Reference Link | | | 08:28 EDT | | MSFT | Nokia to continue using Windows Phone software, Reuters reports
Subscribe for More Information | | | 08:05 EDT | | INTC | Stable capactiy, rising demand to drive up memory prices, FT says
After years of price competition and industry consolidation, analysts do not expect any new memory chip capacity to be introduced this year, which coupled with rising demand driven by smartphone growth is set to feed through into prices, Financial Times said. Samsung Electronics (SSNLF), SK Hynix and Micron (MU) now hold more than 90% of the D-Ram market and almost 100% of the Nand market is divided between those three and Intel (INTC), Toshiba (TOSBF) and SanDisk (SNDK), the report noted, citing analysts at Bernstein. Reference Link | | | 07:35 EDT | | CSCO | Cisco initiated with an Outperform at Cowen
| | | 07:34 EDT | | JNPR | Juniper initiated with a Neutral at Cowen
| | | | 07:10 EDT | | MSFT | Microsoft to tweak Windows 8 for small tablets, Reuters reports
Subscribe for More Information | | | 06:07 EDT | | MSFT | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Some of the world's biggest handset makers and telecom carriers are embracing alternative mobile operating systems this year in an attempt to become credible challengers to smartphones run by Apple (AAPL) and Google (GOOG), the Wall Street Journal reports...JPMorgan Chase (JPM) has yet to persuade three of its largest shareholders--BlackRock (BLK), Vanguard Group and Fidelity Investments--to back the company in a coming vote over whether James Dimon should retain his dual role of chairman and CEO, the Wall Street Journal reports...REUTERS: SoftBank (SFTBF) President Masayoshi Son said he will go to the U.S. today to meet Sprint Nextel’s (S) major shareholders about the Japanese company's takeover bid, after rival bidder Dish Network (DISH) said a U.S. company would make a better suitor., Reuters reports...Microsoft (MSFT) has sold 100M Windows 8 licenses in the six months since launch, but wants to combat sputtering interest in its flagship software with a substantial update to make it easier to use, and compatible with smaller tablets, Reuters reports...BLOOMBERG: Rio Tinto (RIO) will likely pursue a $5B expansion of its iron ore output in Australia, CEO Sam Walsh said, according to two people present at a meeting with investors and analysts, Bloomberg reports...Saudi Arabia, home to the biggest Arab bourse, seeks to boost institutional investments in its $390B stock market as the top OPEC producer weighs plans to allow foreigners to buy shares directly, Bloomberg reports. | | | May 6, 2013 | | 14:06 EDT | | INTC | Intel announces new mobile chip design, AllThingsD says
Intel revealed its new "Silvermont" low-power chips on Monday, with the new chip design focused on powering smartphone and tablet devices, reports AllThingsD. Reference Link | | | 10:23 EDT | | INTC | Intel initiated with a Buy at Topeka
Subscribe for More Information | | | 10:05 EDT | | INTC | Intel shares upgraded despite out of favor PC market
Subscribe for More Information | | | 10:04 EDT | | INTC | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 08:22 EDT | | MSFT | Acer sees 'no value' in making tablet for current Windows RT, AllThingsD says
Subscribe for More Information | | | 07:56 EDT | | JNPR | Juniper and Ciena to benefit from service provider spending, says Morgan Stanley
Subscribe for More Information | | | 07:31 EDT | | CSCO, JNPR | UBM Tech to host a conference
Interop is being held in Las Vegas on May 6-10. | | | 07:27 EDT | | MSFT | Microsoft 720 may be delayed until Spring 2014, IB Times reports
Microsoft's (MSFT) next-generation Xbox may be delayed until the Spring of next year compared to a Sony (SNE) Playstation 4 pre-Christmas 2013 release, reports IB times. Analyst Michael Pachter and a Gamestop employee both asserted that a 2014 would be more sensible for the company. Reference Link | | | | 07:17 EDT | | MSFT | Summit Business Media holds a conference
Subscribe for More Information | | | 05:52 EDT | | INTC | Intel upgraded to Outperform from Sector Perform at RBC Capital
Subscribe for More Information | | | 05:17 EDT | | INTC | McAfee to acquire Stonesoft for $389M in cash
McAfee, a wholly owned subsidiary of Intel, announced the execution of a definitive agreement to initiate a conditional tender offer for the acquisition of Stonesoft Oyj for an aggregate equity value of approximately $389M in cash. The pending acquisition is expected to extend the success of McAfee's security connected strategy. | | | May 4, 2013 | | 10:28 EDT | | INTC, MSFT | Valuations could continue to drive tech stocks higher, Barron's says
Despite lackluster earnings reports, the technology sector continues to rally on attractive valuations and bullish investors, Barron's contends in its Technology Trader column. Reference Link | |
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